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Tomorrow's Capital Markets

Tomorrow's Company

Thursday, November 29, 2012 from 4:00 PM to 8:00 PM (GMT)

London, United Kingdom

Tomorrow's Capital Markets

Ticket Information

Type End     Quantity
Pension fund trustee/ Asset owner
The event is designed around dialogue between those who are active in the system, therefore places are limited and your registration will be confirmed subject to availability.
Ended Free  
Investment/ Fund manager   more info Ended Free  
Broker/ Analyst   more info Ended Free  
Investment consultant   more info Ended Free  
Companies (non-financial)   more info Ended Free  
IFA   more info Ended Free  
Stock exchange   more info Ended Free  
Investment banker   more info Ended Free  
Government/ regulator   more info Ended Free  
Other   more info Ended Free  

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Event Details

An invitation from 

Tomorrow's Company and UNEP-FI 

 

Tomorrow's Capital Markets

 

Registration: from 4.00pm for a prompt 4.30pm start   

Event is followed by a drinks reception                                      

Introduction: Paul Abberley, Interim Chief Executive, Aviva Investors 

Key contributions from:  

Andrew Fisher, Chief Executive, Towry


Jessica Fries, Director, Integrated Reporting Council and Executive Chair, The Prince's Accounting for Sustainability

Erika Karp, Managing Director, Head of Global Sector Research, UBS

David
Pitt-Watson, Chair, Investment Commission, UNEP-FI

Charles Tilley, Chief Executive, CIMA

Steve Waygood, Chief Responsible Investment Officer, Aviva Investors

Tim Wright, Financial Services Director and Asset Management Reward Leader, PwC

With 

Pat Cleverly, Director of Research, Strategy and Policy, Tomorrow's Company  

Tony Manwaring, Chief Executive, Tomorrow's Company (chair)

Group dialogues, business panel and discussion
Closing remarks  

   

 

An invitation to work with Tomorrow's Company  

to set new incentive structures for  

a sustainable, prosperous and equitable world 

 

There is shared and widespread concern over how financial markets are working. As economic prospects remain uncertain there has been a breakdown of trust and confidence. The relationship between business and society has become corrosive, weakening business's license to operate and imposing increasing costs on business and finance.  

 
Our challenge now is to strengthen the stability of the global
system in a way that does not require excessive and counter-productive capital adequacy regulations and other interventions. The only way to do this is to change cultures and behaviours, regenerating the system from within.  

  

The purpose of this event is to bring together key players in the system, who help shape how it works, to work together in finding out how we can overcome these issues and create new solutions. 


All too often we look for structural solutions in isolation, but unless we tackle issues of culture and behaviour we will not find lasting stability - which above all means we need to understand the role that incentives play.  

 

Over the last year, Tomorrow's Company with UNEP-FI  has been working with a number of key players in the financial system (Aviva Investors, Hermes Fund Managers, and UBS, together with Berwin Leighton Paisner and Korn/Ferry International) to set out an agenda for the way ahead.  

 

"This is very much Tomorrow's Company's work and view, but I am pleased they have found that many within capital markets know that significant change in this area is needed. Respondents recognise that we need a solution that is systemic and long-term, but also comes to terms with complexity of markets and the detail of how incentives work in practice."
 - Paul Abberley, Interim Chief Executive, Aviva Investors  

 

This work resulted in a report, Tomorrow's Capital Markets, that was shared at Rio+20. The report tackles a number of challenging issues and discusses: 
  • The changing role of capital markets
  • The lack of alignment between incentives and the interests of beneficiaries   
  • The need for increased transparency on the structure of incentives and the need to show a clear link between reward and value creation
  • The need for strong leadership in setting the right, firm-wide, cultural context within which hard incentives such as remuneration operate.     
This event shares these findings in order to take this project forward: designing what new incentives would look like, within a systems perspective which sets out the other enabling conditions and interventions required.

To do this we are working with key players and other key stakeholders, and we are also building a leadership group and a critical mass of capability to take this project forward. 

We expect to launch a further report at the 2013 UNEP-FI Global Roundtable in Beijing, PRC.

 

During this event, we will be discussing these issues with groups representing each part of the system. We will then bring the conversation together so we can take a view across the whole system. 

The event is designed around dialogue between those who are active in the system, therefore places are limited and your registration will be confirmed subject to availability.  

 

We very much hope that you can join us,

 

   

Tony Manwaring
Chief Executive

Tomorrow's Company 

When & Where



LSO St Luke's
161 Old Street
EC1V 9NG London
United Kingdom

Thursday, November 29, 2012 from 4:00 PM to 8:00 PM (GMT)


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Organizer

Tomorrow's Company

 


If you have any questions please do not hesitate to contact our Events and Communications Executive, Jasmin Tutt at

jasmin@tomorrowscompany.com


If you have any questions regarding individual memberships and donations please get in touch with our Membership Executive, Jamie Palmer at

jamie@tomorrowscompany.com 

 

  Contact the Organizer

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